Sunday, December 1, 2024
The World's Coming Mega-Population Centers and the Energy They Will Need

Ecopetrol Makes 2nd Oil Discovery in Columbia, $3.5-$4 Billion Investment Plan

Ecopetrol (ticker: EC) said that the Coyote-1 well confirmed the presence of oil in the Middle Magdalena Valley basin in Santander. The finding was recorded between 2,042 and 2,177 meters in depth, confirming the presence of medium crude. The API ranges between 25°-28°, which is lighter and more liquid than heavy Colombian crudes in the Esmeraldas formation. The Coyote-1 is

Parex Operational Update

Parex Operational Update: Q1 Production 26,700 bopd and Plans for Drilling Activity Increase in 2015 Parex Resources Inc. (“Parex” or the “Company“) (PXT.TO), provides an operational update that confirms Q1 2015 production of 26,700 bopd and announces the start of its 2015 exploration program. All amounts herein are in United States dollars (USD). Exploration & Production Update: Oil production for Q1 2015